2001
MTD v. Chile MTD Equity Sdn. Bhd. and MTD Chile S.A. v. Chile (ICSID Case No. ARB/01/7)
Chile
Malaysia
Shareholding in an investment vehicle corporation for the construction of a residential and commercial complex in Chile.
Claims arising out of the Government's denial of a zoning modification allegedly necessary for the claimant to execute a residential development project in Chile.
Tertiary: L - Real estate activities
68 - Real estate activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Rigo Sureda, A.
Aguilar Álvarez, G. (replaced)
Lalonde, M.
Carter, J. H. (replaced)
Oreamuno Blanco, R.
Reisman, W. M. (replaced)
Decided in favour of investor
20.00 mln USD
5.80 mln USD
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Arbitrary, unreasonable and/or discriminatory measures

Other
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision upheld
Guillaume, G. (President)

Crawford, J. R. (Member)

Ordoñez Noriega, S. (Member)